Chaowei Power Holdings (HK:0951) has released an update.
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Chaowei Power Holdings Limited experienced a robust revenue increase to RMB 21.2 billion in the first half of 2024, up from RMB 16.5 billion in the same period the previous year, although gross profit and earnings per share have slightly decreased. The company decided not to issue an interim dividend amidst these financial developments. The report indicates a general growth in the company’s operations but notes a dip in profitability metrics.
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